Arjuna Capital's Q3 2025 13F: 12 new positions, 23 exits
Form 13F-HR for the quarter ended Sep 30, 2025 · filed Nov 4, 2025 · 106 reported positions · accession 0001398344-25-020292
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | MSC INDL DIRECT INC (MSM) | — | 1.1% | +1.1 pts | +46,388 sh | new |
| New | LEAR CORP (LEA) | — | 1.0% | +1.0 pts | +40,388 sh | new |
| New | FASTENAL CO (FAST) | — | 1.0% | +1.0 pts | +81,543 sh | new |
| Reduced | ACCENTURE PLC IRELAND (ACN) | 1.6% | 0.4% | −1.3 pts | −14,983 sh | −72% |
| Reduced | ISHARES TR (SGOV) | 14.6% | 12.9% | −1.7 pts | −34,137 sh | −6% |
| Exited | PROGRESSIVE CORP (PGR) | 0.8% | — | −0.8 pts | −10,696 sh | −100% |
| Increased | ELI LILLY & CO (LLY) | 0.1% | 0.9% | +0.7 pts | +3,886 sh | +637% |
| Reduced | GRAINGER W W INC (GWW) | 1.3% | 0.4% | −0.8 pts | −2,780 sh | −61% |
| Exited | UNITEDHEALTH GROUP INC (UNH) | 0.6% | — | −0.6 pts | −7,904 sh | −100% |
| Exited | AUTOMATIC DATA PROCESSING IN (ADP) | 0.6% | — | −0.6 pts | −7,781 sh | −100% |
| Reduced | WILLIAMS SONOMA INC (WSM) | 0.7% | 0.2% | −0.5 pts | −11,789 sh | −77% |
| New | SEALED AIR CORP NEW (SEE) | — | 0.5% | +0.5 pts | +61,705 sh | new |
| Reduced | THERMO FISHER SCIENTIFIC INC (TMO) | 0.9% | 0.5% | −0.4 pts | −4,188 sh | −51% |
| Exited | STARBUCKS CORP (SBUX) | 0.5% | — | −0.5 pts | −19,814 sh | −100% |
| Exited | BECTON DICKINSON & CO (BDX) | 0.5% | — | −0.5 pts | −10,475 sh | −100% |
| New | JABIL INC (JBL) | — | 0.5% | +0.5 pts | +8,658 sh | new |
| New | MANULIFE FINL CORP (MFC) | — | 0.4% | +0.4 pts | +54,994 sh | new |
| Increased | NOVARTIS AG (NVS) | 0.4% | 0.8% | +0.4 pts | +12,959 sh | +109% |
| Exited | CHUBB LIMITED (CB) | 0.4% | — | −0.4 pts | −5,289 sh | −100% |
| New | PALO ALTO NETWORKS INC (PANW) | — | 0.4% | +0.4 pts | +7,801 sh | new |
| Reduced | CALIFORNIA WTR SVC GROUP (CWT) | 0.8% | 0.3% | −0.4 pts | −34,488 sh | −55% |
| New | CVS HEALTH CORP (CVS) | — | 0.4% | +0.4 pts | +20,936 sh | new |
| Increased | ISHARES TR (DMXF) | 0.2% | 0.6% | +0.4 pts | +20,498 sh | +235% |
| Exited | HP INC (HPQ) | 0.4% | — | −0.4 pts | −59,380 sh | −100% |
| New | BORGWARNER INC (BWA) | — | 0.4% | +0.4 pts | +34,717 sh | new |
| Increased | STATE STR CORP (STT) | 0.3% | 0.7% | +0.4 pts | +12,943 sh | +107% |
| Reduced | APPLE INC (AAPL) | 6.2% | 7.0% | +0.7 pts | −5,524 sh | −5% |
| Exited | REINSURANCE GRP OF AMERICA I (RGA) | 0.3% | — | −0.3 pts | −6,475 sh | −100% |
| New | SERVICENOW INC (NOW) | — | 0.3% | +0.3 pts | +1,453 sh | new |
| Increased | CADENCE DESIGN SYSTEM INC (CDNS) | 0.1% | 0.4% | +0.3 pts | +3,720 sh | +405% |
| Increased | VALMONT INDS INC (VMI) | 0.3% | 0.7% | +0.4 pts | +3,363 sh | +91% |
| New | TRANE TECHNOLOGIES PLC (TT) | — | 0.3% | +0.3 pts | +3,073 sh | new |
| Exited | SALESFORCE INC (CRM) | 0.3% | — | −0.3 pts | −4,300 sh | −100% |
| Exited | DAVITA INC (DVA) | 0.3% | — | −0.3 pts | −7,985 sh | −100% |
| New | DEERE & CO (DE) | — | 0.3% | +0.3 pts | +2,610 sh | new |
| Exited | EQUINIX INC (EQIX) | 0.3% | — | −0.3 pts | −1,413 sh | −100% |
| Exited | AGILENT TECHNOLOGIES INC (A) | 0.3% | — | −0.3 pts | −9,484 sh | −100% |
| Increased | SANOFI SA (SNY) | 0.4% | 0.6% | +0.3 pts | +24,879 sh | +85% |
| Exited | DELUXE CORP (DLX) | 0.3% | — | −0.3 pts | −67,985 sh | −100% |
| Reduced | SPROUTS FMRS MKT INC (SFM) | 1.0% | 0.4% | −0.6 pts | −9,933 sh | −43% |
| Increased | BROADCOM INC (AVGO) | 1.7% | 2.2% | +0.5 pts | +2,886 sh | +12% |
| Increased | INTERNATIONAL BUSINESS MACHS (IBM) | 0.8% | 1.0% | +0.2 pts | +3,290 sh | +31% |
| Increased | BANK NEW YORK MELLON CORP (BK) | 0.4% | 0.6% | +0.3 pts | +7,886 sh | +52% |
| Increased | CISCO SYS INC (CSCO) | 0.8% | 1.0% | +0.1 pts | +12,012 sh | +26% |
| Exited | CANADIAN NATL RY CO (CNI) | 0.2% | — | −0.2 pts | −7,193 sh | −100% |
| Increased | AMERIPRISE FINL INC (AMP) | 1.5% | 1.5% | 0.0 pts | +1,610 sh | +15% |
| Increased | BROOKFIELD RENEWABLE CORP (BEPC) | 0.8% | 0.9% | +0.2 pts | +22,865 sh | +26% |
| Increased | NVIDIA CORPORATION (NVDA) | 5.9% | 6.8% | +0.9 pts | +3,903 sh | +3% |
| Increased | SPDR SERIES TRUST (SPTI) | 3.6% | 3.6% | 0.0 pts | +23,071 sh | +5% |
| Increased | COGNIZANT TECHNOLOGY SOLUTIO (CTSH) | 0.3% | 0.4% | +0.1 pts | +9,482 sh | +63% |
The 50 largest of 124 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 51.1% of the equity book
No changes in the top 10 this quarter
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | ISHARES TR (SGOV) | 14.6% | 12.9% | |
| 2 | APPLE INC (AAPL) | 6.2% | 7.0% | |
| 3 | NVIDIA CORPORATION (NVDA) | 5.9% | 6.8% | |
| 4 | MICROSOFT CORP (MSFT) | 6.4% | 6.4% | |
| 5 | ALPHABET INC (GOOGL) | 4.2% | 5.4% | |
| 6 | SPDR SERIES TRUST (SPTI) | 3.6% | 3.6% | |
| 7 | JPMORGAN CHASE & CO. (JPM) | 2.4% | 2.5% | |
| 8 | AMAZON COM INC (AMZN) | 2.5% | 2.4% | |
| 9 | BROADCOM INC (AVGO) | 1.7% | 2.2% | |
| 10 | HOME DEPOT INC (HD) | 1.9% | 1.9% |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).